Brand new landlords in Burlington, looking for advice

[Taylor Paterson]

My wife and I bought a townhouse in Burlington 2 years ago. We are renting it out and moving into my father's basement apartment (cheap rent). We plan to use the Brrrr strategy on our next property. Looking for a single family or duplex to Brrrr.

Any advice on location? Outside the GTA oviously. Also, ideas on generating capital for the investment would be greatly appreciated. We plan to possibly use a HELOC plus some of our own capital.